1. May1, Business owner Bill Doors invested $200,000 in cash and office equipment worth $48,000 in the business bank account 2. May1st, prepaid $14,400 cash for three month office rent. 3. May2nd, made credit purchase of office equipment for $24,000 and office supplies for $4800 4. May6, completed services for a client and received $4000 cash. 5. May9, completed a $16,000 project service for a patient, who will pay within 30 days. 6. May 10, paid balance owing on May2nd. 7. May 19, paid $12,000 cash for the annual liability insurance premium 8. May22, received $12,800 as partial payment for the services done on May 9. 9. May25, completed consulting services for another client for $5280 on account. 10. May 31, Bill Doors withdrew $12,400 cash for personal use. 11. May 31, purchased $1600 additional office supplies on account. 12. May 31, paid $1400 for the monthly utility bill. Please make four step process (1. entries, 2. T-account 3. Trial Balance 4. Financial Statement) and generate the financial statements. This is a group assignment. You can provide one handwritten assignment with all the four group member names and student ID there on the elearning. You will get the same assignment marks for each group member. Please note only one group member to submit this assignment on behalf of the all four or five group members